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The UK rental market is set to undergo significant changes as the government considers new laws aimed at providing greater protection for tenants and improving the overall quality of rental housing. These potential reforms could reshape the landlord-tenant dynamic, making it essential for both parties to stay informed about whatβs on the horizon.
Do you own a leasehold property? Do you know how much is left on your lease? Read this article to learn more about why you should know how long is left, particularly before you try to sell.
It offers a tangible asset, long-term capital growth, and a steady income stream. While it isn't entirely risk-free, the potential rewards of owning rental property often outweigh the challenges, making it a favorite investment choice for many.
Recently, the UKβs central bank lowered its base rate, which directly impacts mortgage rates, borrowing costs, and, ultimately, the property market. This rate cut could signal a positive shift for property prices, meaning your property may now be worth A LOT MORE!